Understanding the Retail Inventory Method: Calculation and Applications

Discover how the retail inventory method simplifies store inventory valuation with easy calculations, cost-to-retail ratios, ...
Auto Remarketing

Fleetio unveils LIFO / FIFO parts inventory valuation methods

Accounting and parts tracking can be some of the most challenging chores for fleet managers. To help, Fleetio added new inventory valuation methods to its list of offerings on Tuesday — LIFO / FIFO ...
Retail Dive

Nordstrom and Macy’s abandoned the ‘retail inventory method’ after using it for decades. Here’s why.

Several major retailers in the U.S. use a century-old accounting practice known as “the retail inventory method,” which relies on retail prices to estimate inventory, even though it fails to take full ...
Retail Dive

The retail inventory method vs. cost accounting in the tariff era

To determine the value of ending inventory and, ultimately, margins, many retailers have stuck with an accounting practice known as the retail inventory method — in some cases for more than 100 years ...
Auto Remarketing

COMMENTARY: The real cost of holding aged inventory

In automotive retail, time is one of the most overlooked cost drivers. A car sitting too long on your lot does more than just take up space. It weakens your margins, strains your working capital, and ...
The Boston Globe

Big Lots faces liquidation risk on unpaid rent, inventory value

Big Lots Inc.’s efforts to stay in business are beginning to unravel, putting the discount retailer that employs more than 27,000 people at risk of liquidation, according to court records and people ...
The Bulletin

Big Lots faces liquidation risk on unpaid rent, inventory value

Big Lots has been looking at ways to cut its expenses. Big Lots Inc.’s efforts to stay in business are beginning to unravel, putting the discount retailer that employs more than 27,000 people at risk ...